United Maritime Corporation
USEAIndustrials · Marine Shipping · Stock · quarterly payer
Forward Yield
16.16%
Annual Dividend
$0.40
Payout Ratio
39%
5-Yr Growth
—
Ex-Date
Sep 25, 2026
Frequency
Quarterly
Key facts about USEA's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, United Maritime Corporation (USEA) has a forward dividend yield of 16.16%, based on an annual dividend of $0.40 per share and a share price of $2.46.
- As of Oct 27, 2026, USEA's dividend safety grade from SmarterDividends is D (48 out of 100), which rates the dividend as unsafe.
- USEA last cut its regular dividend in 2025.
- USEA's most recent ex-dividend date was Sep 25, 2026, for a dividend of $0.10 per share.
- As of Oct 27, 2026, USEA pays out 39% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 27, 2026, USEA's 16.16% yield is 31% below its five-year average yield of 23.28%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for USEA is $6.44 per share, 162% above the $2.46 share price, so USEA screens as undervalued.
- United Maritime Corporation (USEA) pays its dividend quarterly, 4 times a year.
- United Maritime Corporation (USEA) has raised its regular dividend 3 times and cut it 1 time across the 16 payments on record since 2023. Its most recent change was a 11.1% increase to $0.100 per share, going ex-dividend on Mar 27, 2026. The last cut went ex-dividend on Mar 27, 2025.
Cite this page
SmarterDividends, "USEA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/USEA
Summary
As of Oct 27, 2026, United Maritime Corporation (USEA) yields 16.16% ($0.40 a year per share) and has a dividend safety grade of D (48/100).
Is USEA a good dividend stock?
MixedUnited Maritime Corporation (USEA) pays a quarterly dividend yielding 16.16% ($0.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (39%)
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
- Below-average dividend safety score
Key Data
- Dividend Yield
- 16.16%
- Payout Ratio
- 39%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 25, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.74
- Market Cap
- $23.5M
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $1.42 – $3.20
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2025)
USEA dividend raises and cuts
United Maritime Corporation (USEA) has raised its regular dividend 3 times and cut it 1 time across the 16 payments on record since 2023. Its most recent change was a 11.1% increase to $0.100 per share, going ex-dividend on Mar 27, 2026. The last cut went ex-dividend on Mar 27, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 27, 2026 | Raise | $0.0900 → $0.100 | +11.1% |
| Dec 29, 2025 | Raise | $0.0300 → $0.0900 | +200.0% |
| Aug 18, 2025 | Raise | $0.0100 → $0.0300 | +200.0% |
| Mar 27, 2025 | Cut | $0.0750 → $0.0100 | −86.7% |
Frequently Asked Questions
Is USEA a good dividend stock?
Mixed. United Maritime Corporation (USEA) pays a quarterly dividend yielding 16.16% ($0.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is USEA undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, USEA's fair value is about $6.44 versus a $2.46 share price — so it looks undervalued (+162% vs. fair value).
Is USEA's dividend safe?
USEA has a dividend-safety grade of D (48/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is USEA's fair value?
Our blended fair-value estimate for USEA is about $6.44 per share, roughly 162% above the current $2.46 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is USEA a buy, hold, or sell?
We don't issue formal ratings, but on the data USEA screens as "mixed" and undervalued. United Maritime Corporation (USEA) pays a quarterly dividend yielding 16.16% ($0.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will USEA cut its dividend?
USEA earns a dividend-safety grade of D (48/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does USEA pay a dividend?
Yes. United Maritime Corporation pays a quarterly dividend of about $0.40 per share annually, a forward yield of roughly 16.16%.
What is USEA's dividend yield?
As of Oct 27, 2026, USEA's forward dividend yield is 16.16%, based on a $0.40 annual dividend and a $2.46 share price.
What is USEA's dividend per share?
As of Oct 27, 2026, USEA pays $0.40 per share per year, distributed on a quarterly basis.
What is USEA's dividend payout ratio?
As of Oct 27, 2026, USEA's payout ratio is 39% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has USEA grown its dividend?
USEA does not currently have a long dividend-growth streak on record.
When is the next USEA ex-dividend date?
As of Oct 27, 2026, USEA's next ex-dividend date hasn't been announced. The most recent was Sep 25, 2026, for $0.10 per share.
USEA Price — Last 12 Months
Daily close
Price Return
1 Year
+43%
3 Years
-2%
5 Years
—
52-Week Range
$1.42 – $3.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is USEA worth?
Undervaluedlow confidenceOur blended fair-value estimate for United Maritime Corporation is $6.44 per share, versus a market price of $2.46. That implies 162% of upside — a margin of safety of about 62%.
Fair Value
$6.44
Current Price
$2.46
Upside
+162%
Margin of Safety
62%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 15.6% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$0.20 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
USEA Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full USEA dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 25, 2026 | Oct 9, 2026 | $0.1000 | regular |
| Jun 29, 2026 | Jul 10, 2026 | $0.1000 | regular |
| Mar 27, 2026 | Apr 10, 2026 | $0.1000 | regular |
| Dec 29, 2025 | Jan 9, 2026 | $0.0900 | regular |
| Aug 18, 2025 | Oct 10, 2025 | $0.0300 | regular |
| Jun 30, 2025 | Jul 10, 2025 | $0.0100 | regular |
| Mar 27, 2025 | Apr 10, 2025 | $0.0100 | regular |
| Dec 27, 2024 | Jan 10, 2025 | $0.0750 | regular |
| Sep 27, 2024 | Oct 10, 2024 | $0.0750 | regular |
| Jun 25, 2024 | Jul 10, 2024 | $0.0750 | regular |
| Mar 21, 2024 | Apr 10, 2024 | $0.0750 | regular |
| Dec 21, 2023 | Jan 10, 2024 | $0.0750 | regular |
| Sep 21, 2023 | Oct 6, 2023 | $0.0750 | regular |
| Jun 21, 2023 | Jul 6, 2023 | $0.0750 | regular |
Income Calculator
At $0.40 / yr per share
Similar Dividend Stocks
Compare USEA
Explore more
Lists and tools related to USEA
- Stocks that pay dividends in October →
- Undervalued dividend stocks →
- Industrials dividend stocks →
- USEA dividend calculator →
- USEA DRIP calculator →
- USEA: last day to buy for the dividend →
- Embed USEA dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →